$ADAUSD
Added 2023-12-15 17:46:31 +0000 UTC$ADA has just dipped below the $0.62 level and lost the 50 Day MA on the 1hr chart so no buy for me at the moment here while support has not been found.
The 0.5 Fib has been tested so far, so this is a level I'll watch and the 0.618 Fib is slightly lower at $0.59c and we can see the 200 Day MA is racing up to this level as well...so we could get a confluence level here if the price action pulls back this far.
We want to see a firm confirmation of support.....the problem with $ADA at the moment is that it is moving very quickly, it finds support and bounces hard without a retest.
Comments
Is SOL situation similar ? Sorry for always asking for SOL each time you are posting ADA, but I sold every SOL last night and waiting to make my comeback...
Luc
2023-12-15 18:35:23 +0000 UTC
